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  From Rio Olympics to demonetisation: Here’s what topped Twitter trends in 2016

  December 06, 2016 17:26 IST

  Social media giant Twitter has released a report card of the biggest global trends of 2016. The Rio Olympics, followed by Donald Trump's election as US president and augmented reality sensation Pokemon Go were top

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  Bank unions threaten strike over escalating work pressure, demand bank closure till cash supply improves

  December 06, 2016 13:35 IST

  Combating with the increasing work pressure in the wake of demonetisation and grappling with currency shortage, bank unions have threatened of agitation, including a strike against the government.

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  Demonetisation has had an adverse impact: Air India Express

  December 06, 2016 11:16 IST

  National passenger carrier Air India's international budget subsidiary Air India Express has said that demonetisation has had an adverse impact on the number of passengers flying out of the country.

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  Payouts above Rs 5,000 only through electronic mode, Centre directs govt departments

  December 05, 2016 16:25 IST

  The Centre on Monday said that any payment above Rs. 5,000 to should be made through electronic mode only.

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  Logjam continues in parliament over demonetisation as opposition sticks to its guns

  Politics | December 05, 2016 14:55 IST

  Both houses of parliament witnessed huge uproar once again over the issue of demonetisation. While Lok Sabha has been adjourned for the day, Rajya sabha resumed work after an adjournment till 2 pm. Lok Sabha

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  Car capital Delhi witnesses 36 pc plunge in vehicle registrations post notes ban

  December 05, 2016 14:38 IST

  The government’s drastic step to demonetise high-value currency notes has not only thrown the lives of the common man in shambles, the impact has also started to become visible in terms of economic activity.

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  Demonetisation effect? Service sector activity plunges after 16 months

  December 05, 2016 13:53 IST

  The huge cash crunch in the country has resulted in weakening of India's service sector this November, ending a 16-month sequence of expansion. The Nikkei India Services Business Activity Index sharply fell to 46.7 in

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  Demonetisation:2 private bank officials held in money laundering probe

  December 05, 2016 12:48 IST

  The Enforcement Directorate has arrested two officials of a private bank in the capital for alleged irregularities in the conversion of old currency and supply of new notes leading to black money generation. The two

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  Centre rejects Rs 2L cr declaration by Mumbai family, orders probe

  December 05, 2016 12:00 IST

  A Mumbai family's declaration of Rs 2 lakh crore has been rejected by the Income Tax department and a probe on the issue has been initiated. The family of four -- Abdul Razzaque Mohammed Sayed,

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  Old notes worth Rs 9.8 lakh cr deposited in banks, govt may not get desire demonetisation result

  India | December 04, 2016 11:42 IST

  The Narendra Modi government may not get the desired result post demonetisation of high-value notes as the banks have till now received about nearly Rs 10 lakh crore worth of scrapped notes.

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  Nitish Kumar rules out return to NDA, wants to make JD(U) a national party

  Politics | December 04, 2016 8:10 IST

  Bihar Chief Minister Nitish Kumar, whose strong support to demonetisation was viewed by many as a strain in his relationship with his ruling partner Lalu Prasad Yadav’s RJD, has asserted that there is no problem

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  Several weddings put off due to demonetisation in Andhra, Telangana: Report

  India | December 04, 2016 8:52 IST

  Several weddings, slated to be held today in Andhra and Telangana, the season's most auspicious day, have been put off as families struggle to deal with demonetisation woes. An Economics Times report

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  Demonetisation a welcome move; talk of cashless economy is like ‘trying to achieve too much too soon’: Adi Godrej

  December 03, 2016 9:07 IST

  Industrialist Adi Godrej has welcomed the government’s decision to recall high denomination currency notes saying ‘it will be good for the country in the medium to long term’.

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  Rs 4.7 cr in 2000-rupee notes: Bengaluru engineer splurged on cars, sports bikes to escape demonetisation heat

  India | December 02, 2016 18:46 IST

  Income Tax officials have seized Rs 4.70 crore during searches conducted against at least two individuals in Bengaluru, including an engineer working with the state government.

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  Rate cut after note ban? All eyes on Monetary Policy Committee meet next week

  December 02, 2016 16:56 IST

  With demonetisation helping banks register a massive surge in cash deposits, all eyes are now on the Reserve Bank of India as people expect a cut in repo rate when the Monetary Policy Committee (MPC) meets next week.

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  After note ban, govt may move to curtail taxman's discretionary powers: NITI Ayog’s Arvind Panagariya

  December 02, 2016 16:52 IST

  Taking its fight against black money a step further, the government may soon eliminate discretionary powers of tax officers in deciding liabilities for evasion, Arvind Panagariya, the vice-chairman of the NITI Ayog has said.

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  Currency recall at behest of RBI Board: government informs Supreme Court

  India | December 02, 2016 14:18 IST

  The central government has told the Supreme Court that the decision to recall old Rs 500 and Rs 1,000 notes was done at the behest of the RBI Board.

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  Demonetisation: People’s hardships to last one or two quarters, says Arun Jaitley

  December 01, 2016 19:35 IST

  Finance Minister Arun Jaitley on Thursday said the hardships faced by people after demonetisation of high-value currency notes will remain for one or two quarters.

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  I-T dept seizes Rs 4 crore in new currency notes in Bengaluru, bankers also under scanner

  December 01, 2016 20:55 IST

  The Income Tax department on Thursday confiscated over Rs 4 crore in searches conducted against at least two individuals in Bengaluru.

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  Maruti Suzuki unfazed by cash crunch, November sales jump by 12 pc

  December 01, 2016 17:06 IST

  Automobile major Maruti Suzuki India on Thursday reported a 12.2 per cent increase in sales for November.